Braemar (LON:BMS) Given New GBX 350 Price Target at Canaccord Genuity Group

Braemar (LON:BMSFree Report) had its price target trimmed by Canaccord Genuity Group from GBX 380 ($4.91) to GBX 350 ($4.52) in a report published on Monday, Marketbeat Ratings reports. The brokerage currently has a buy rating on the stock.

Braemar Stock Performance

Braemar stock opened at GBX 250 ($3.23) on Monday. The company’s 50-day moving average price is GBX 257.52 and its 200-day moving average price is GBX 261.30. The company has a quick ratio of 1.23, a current ratio of 1.42 and a debt-to-equity ratio of 43.61. The company has a market cap of £80.67 million, a PE ratio of 16.25 and a beta of 1.17. Braemar has a twelve month low of GBX 221.01 ($2.86) and a twelve month high of GBX 317.64 ($4.10).

Braemar Company Profile

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Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.

Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.

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